LM_CT153
St. Joseph, MO   Mon Jul 15, 2019    USDA Market News

NATIONAL WEEKLY DIRECT SLAUGHTER CATTLE - PRIOR WEEK SLAUGHTER AND CONTRACT
PURCHASES

For Week Ending Sunday, 07/14/2019

                           A:   PACKER OWNED SLAUGHTER
Domestic:
       Head        Carcass       Wtd Avg       Avg      Avg % Choice    Avg % YG
       Count       Wt Range      Carcass    Dressing%     or Better        1,2,3
       8,347      658-1,041         875       63.9          84.1          85.5

Imported:
       Head        Carcass       Wtd Avg       Avg      Avg % Choice    Avg % YG
       Count       Wt Range      Carcass    Dressing%     or Better        1,2,3
                     -

       B:   PRIOR WEEK SLAUGHTERED FORMULA AND FORWARD CONTRACT HEAD COUNT

Domestic:                      Head Count
  Forward Contract                 44,527
  Formula                         296,925
  Negotiated                      115,926
  Negotiated Grid                  16,624

Imported:
  Forward Contract                  4,410
  Formula                             244
  Negotiated                          283
  Negotiated Grid                     218

Total Slaughtered Head Count:     479,157

                  C:    FORWARD CONTRACT PURCHASED CATTLE WEEKLY

Total New signings last week:        Cumulative Total for listed months:
             11,369                              1,649,720

Delivery Mo./Basis Mo.   New Last  Cumulative Total   Basis Wtd   Basis Level
                           Week       For Month          Avg      Min     Max
Jul '19/Feb
Jul '19/Apr
Jul '19/Jun
Jul '19/Aug                  35       192,032        ($15.00) ($15.00) ($15.00)
Jul '19/Oct
Jul '19/Dec
Total Jul Deliveries         35       192,032         ($2.40) ($20.00)   $7.00
Last Yr Jul Deliveries                124,616

Aug '19/Feb
Aug '19/Apr
Aug '19/Jun
Aug '19/Aug                  35       226,132        ($12.00) ($12.00) ($12.00)
Aug '19/Oct
Aug '19/Dec
Total Aug Deliveries         35       226,132         ($2.68) ($20.00)   $6.00
Last Yr Aug Deliveries                144,323

Sep '19/Feb
Sep '19/Apr
Sep '19/Jun
Sep '19/Aug
Sep '19/Oct                 210       241,483         ($8.33) ($12.00)  ($1.00)
Sep '19/Dec
Total Sep Deliveries        210       241,483         ($3.14) ($21.00)   $4.00
Last Yr Sep Deliveries                186,682

Oct '19/Feb
Oct '19/Apr
Oct '19/Jun
Oct '19/Aug
Oct '19/Oct                 140       186,887        ($12.75) ($15.00) ($12.00)
Oct '19/Dec                                80
Total Oct Deliveries        140       186,967         ($4.41) ($22.00)   $5.00
Last Yr Oct Deliveries                170,762

Nov '19/Feb
Nov '19/Apr
Nov '19/Jun
Nov '19/Aug
Nov '19/Oct
Nov '19/Dec                 333       198,179         ($3.78) ($20.00)  ($2.00)
Total Nov Deliveries        333       198,179         ($4.26) ($22.00)   $6.00
Last Yr Nov Deliveries                205,460

Dec '19/Feb
Dec '19/Apr
Dec '19/Jun
Dec '19/Aug
Dec '19/Oct
Dec '19/Dec                 175       135,421         ($0.40)  ($1.00)   $0.00
Total Dec Deliveries        175       135,421         ($6.67) ($20.00)   $6.00
Last Yr Dec Deliveries                163,535

Jan '20/Feb                 987        87,327         ($6.74) ($15.00)   $0.50
Jan '20/Apr
Jan '20/Jun
Jan '20/Aug
Jan '20/Oct
Jan '20/Dec
Total Jan Deliveries        987        87,327         ($8.59) ($20.00)   $7.00
Last Yr Jan Deliveries                189,572

Feb '20/Feb                 345        89,253         ($8.50) ($12.00)   $0.00
Feb '20/Apr
Feb '20/Jun
Feb '20/Aug
Feb '20/Oct
Feb '20/Dec
Total Feb Deliveries        345        89,253         ($8.75) ($20.00)   $7.00
Last Yr Feb Deliveries                168,447

Mar '20/Feb
Mar '20/Apr                 605        85,818        ($10.94) ($20.00)  ($1.50)
Mar '20/Jun
Mar '20/Aug
Mar '20/Oct
Mar '20/Dec
Total Mar Deliveries        605        85,818         ($9.48) ($20.00)   $7.00
Last Yr Mar Deliveries                221,475

Apr '20/Feb
Apr '20/Apr               2,400        87,286        ($10.43) ($20.00)   $1.00
Apr '20/Jun
Apr '20/Aug
Apr '20/Oct
Apr '20/Dec
Total Apr Deliveries      2,400        87,286        ($11.94) ($20.00)   $5.00
Last Yr Apr Deliveries                306,278

May '20/Feb
May '20/Apr
May '20/Jun               2,332        45,330         ($9.48) ($12.00)  ($3.35)
May '20/Aug
May '20/Oct
May '20/Dec
Total May Deliveries      2,332        45,330        ($10.52) ($20.00)   $5.00
Last Yr May Deliveries                184,654

Jun '20/Feb
Jun '20/Apr
Jun '20/Jun               1,687        37,368        ($10.86) ($14.00)  ($3.35)
Jun '20/Aug
Jun '20/Oct
Jun '20/Dec
Total Jun Deliveries      1,687        37,368        ($10.24) ($15.00)  ($3.35)
Last Yr Jun Deliveries                254,112

Jul '20/Feb
Jul '20/Apr
Jul '20/Jun
Jul '20/Aug               1,634        18,439         ($9.97) ($12.00)  ($9.24)
Jul '20/Oct
Jul '20/Dec
Total Jul Deliveries      1,634        18,439         ($9.12) ($12.00)  ($3.35)
Last Yr Jul Deliveries                192,032

Aug '20/Feb
Aug '20/Apr
Aug '20/Jun
Aug '20/Aug                 451        13,981        ($12.31) ($16.00) ($12.00)
Aug '20/Oct
Aug '20/Dec
Total Aug Deliveries        451        13,981         ($9.20) ($16.00)  ($3.35)
Last Yr Aug Deliveries                226,132

Sep '20/Feb
Sep '20/Apr
Sep '20/Jun
Sep '20/Aug
Sep '20/Oct                             3,700
Sep '20/Dec
Total Sep Deliveries                    3,700         ($3.35)  ($3.35)  ($3.35)
Last Yr Sep Deliveries                241,483

Oct '20/Feb
Oct '20/Apr
Oct '20/Jun
Oct '20/Aug
Oct '20/Oct                             1,004
Oct '20/Dec
Total Oct Deliveries                    1,004         ($6.41) ($15.00)  ($3.35)
Last Yr Oct Deliveries                186,967


                        D:   BASIS DISTRIBUTION

Delivery Mo./Basis Mo.

Jul '19/Aug
         35 head =     -15.00

Aug '19/Aug
         35 head =     -12.00

Sep '19/Oct
        140 head =     -12.00
         70 head =      -1.00

Oct '19/Oct
         35 head =     -15.00
        105 head =     -12.00

Nov '19/Dec
         33 head =     -20.00
        300 head =      -2.00

Dec '19/Dec
         70 head =      -1.00
        105 head =       0.00

Jan '20/Feb
        315 head =     -15.00
        175 head =     -12.00
        148 head =       0.00
        349 head =      +0.50

Feb '20/Feb
        235 head =     -12.00
         76 head =      -1.50
         34 head =       0.00

Mar '20/Apr
         35 head =     -20.00
         68 head =     -15.00
        245 head =     -14.00
        103 head =     -12.00
        154 head =      -1.50

Apr '20/Apr
         35 head =     -20.00
      1,173 head =     -14.00
        560 head =     -13.00
         33 head =     -12.00
        185 head =      -3.35
         34 head =       0.00
        380 head =      +1.00

May '20/Jun
      1,120 head =     -12.00
        990 head =      -8.00
        222 head =      -3.35

Jun '20/Jun
        160 head =     -14.00
      1,267 head =     -12.00
        260 head =      -3.35



Source: USDA Livestock, Poultry & Grain Market News Division, St. Joseph, MO
        816-676-7000    email:  stjoe.lpgmn@ams.usda.gov
        www.ams.usda.gov/market-news/livestock-poultry-grain
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